French Bitcoin vault firm Capital B purchases $15 million worth of Bitcoin following funding rounds

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Summary

Bitcoin news broke on Monday as French vault firm Capital B purchased 192 bitcoins for 13 million euros ($15.1 million). The company stated it has raised 17.15 million euros ($20 million) across three funding rounds, all of which were used to acquire Bitcoin. Capital B now holds 3,135 bitcoins, valued at $330 million, with an average purchase price of $105,270 per coin. Bitcoin analysis indicates the firm’s strategy remains focused on long-term accumulation.

CoinDesk reports:

Capital B, a France-based bitcoin custody company, announced on Monday that it has purchased 192 bitcoins (BTC) for €13 million ($15.1 million).

The latest acquisition follows closely on the heels of last week's announcement, with Blockstream CEO Adam Back and French asset management firm TOBAM also participating in the raise.

Capital B today confirmed that it has completed three rounds of funding, raising a total of approximately €17.15 million (about $20 million). As previously stated, the funds raised have been used to purchase Bitcoin.

Specifically, Capital B raised approximately €850,000 through an ATM-type capital increase agreement with TOBAM and €1,100,000 through the issuance of share subscription warrants, which were subscribed to by Adam Back.

The remaining €15.2 million was raised through a private placement of over 23 million ABSA shares, with each share accompanied by four share warrants.

Through this Bitcoin purchase, Capital B currently holds 3,135 Bitcoin with a total value of $330 million—implying an average purchase price of $105,270 per Bitcoin.

Capital B, originally named The Blockchain Group, renamed itself Capital B in July 2025 to focus on its Bitcoin treasury strategy.

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